North Brookfield Savings Bank

2018 Overview

General Bank Information

FDIC Insured

Yes

FDIC Certificate

# 90258

Date Established

1854

Assets

$0.30 billion

Loans

$0.22 billion

Deposits

$0.24 billion

Capital

$0.03 billion

North Brookfield Savings Bank is an FDIC insured institution located in North Brookfield, MA. It was founded in 1854 and has approximately $0.3 billion in assets.
Customers can open an account at one of its 7 branches.

For a more detailed analysis of North Brookfield Savings Bank's financial condition and a description of what these numbers mean, please visit the Financial
Details section.

Bank Loan Profile?

The top three loan types in North Brookfield Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Multifamily Mortgages.

Compared to other banks, North Brookfield Savings Bank’s loan portfolio does not show any specific loan specialty.

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Branches

North Brookfield Savings Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia

North Brookfield Savings Bank Locations

Financial Details

North Brookfield Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of North Brookfield Savings Bank.
The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio

North Brookfield Savings Bank

U.S. Bank Average

3.42%

7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned)
with its the bank’s tangible common equity and its loan loss reserves.
A lower Texas ratio indicates better coverage of problem loans.
The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank
has to absorb its loan losses.

As of June 30, 2018,
North Brookfield Savings Bank had $1,109,000 in non-current loans and $125,000 in owned real estate.
To cover these potential losses it had $34,818,000 in equity and $1,290,000 in loans loss reserves.
That gives it a Texas Ratio of 3.42%.

Return on Equity

North Brookfield Savings Bank

U.S. Bank Average

3.94%

9.77%

North Brookfield Savings Bank has a Return on Equity of 3.94% versus the BestCashCow average of 9.77%.
Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run.
A bank with a consistently low ROE can be considered poorly run.

Capitalization

North Brookfield Savings Bank

U.S. Bank Average

11.46%

12.31%

North Brookfield Savings Bank has a Capitalization of 11.46% versus the BestCashCow average of 12.31.
Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet.
The higher the capitalization number the more secure a bank is considered.

North Brookfield Savings Bank Balance Sheet Analysis

As of June 30, 2018,
North Brookfield Savings Bank had assets of $303,711,000, loans of $217,038,000, and deposits of $241,862,000.
Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets.
Loan and asset growth may rise or fall depending on a bank's strategy for growth.
Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending.
A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2018

ASSETS

Cash & Balances due from depository institutions

$0.01 billion

Interest-bearing balances

$0.00 billion

Total securities

$0.05 billion

Federal funds sold and reverse repurchase

$0.00 billion

Net loans and leases

$0.22 billion

Loan loss allowance

$0.00 billion

Trading account assets

$0.00 billion

Bank premises and fixed assets

$0.00 billion

Other real estate owned

$0.00 billion

Goodwill and other intangibles

$0.00 billion

All other assets

$0.02 billion

Total Assets

$0.27 billion

LIABILITIES

Total deposits

$0.24 billion

Interest-bearing deposits

$0.21 billion

Deposits held in domestic offices

$0.24 billion

% insured (estimated)

94.80%

Federal funds purchased and repurchase agreements

$0.00 billion

Trading liabilities

$0.00 billion

Other borrowed funds

$0.02 billion

Subordinated debt

$0.00 billion

All other liabilities

$0.00 billion

Total Liabilities

$0.27 billion

Shareholders’ Equity

$0.03 billion

Summary Income Statement

June 30, 2018

INCOME AND EXPENSES

Total Interest Income

$0.01 billion

Total Interest Expense

$0.00 billion

Net interest income

$0.00 billion

Provision for loan and lease losses

$-0.00 billion

Total non interest income

$0.00 billion

Total non interest expense

$0.00 billion

Pre-tax Net Operating Income

$0.00 billion

Frequently Asked Questions About North Brookfield Savings Bank

Branches and Savings

Is North Brookfield Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #90258.

Why does North Brookfield Savings Bank pay such low interest on savings accounts?

See the best online savings rates here.
See the best local savings rates here.